A BANKING TRUST.
riERPONT MORGAN OPERATING
(I nited i-rose Association—Copyright.)
Received December
o, 1.15 a.m
NEW YORK, December 5
Pierpont Morgan has secured the control of the Equitable Life Assurance Society of New York. The assets amount to 94. millions sterling.. This is interpreted in Wall Street as forehadowing ths gigantic merger of banking intea'aste. P.ierpont Mqrgan recently purchased the Guaranty Trust, with a. capital and resources of 20 millions sterling.'." American.newspapers estimate tho resources he now controls at 350 millions sterling.
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Wanganui Chronicle, Volume L, Issue 12386, 6 December 1909, Page 5
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82A BANKING TRUST. Wanganui Chronicle, Volume L, Issue 12386, 6 December 1909, Page 5
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